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HNX sees solid performance in August
Banking & Finance

HNX sees solid performance in August

The Hanoi Stock Exchange (HNX) has said that trade saw strong breakthroughs in August, especially in the first two weeks of the month. The HNX-Index reached its peak for the month on August 15, standing at 303.97 points, or 4.8 per cent higher than its July peak. The index closed on August 31 at 291.91 points, up 7.3 per cent compared to July.
Banking & Finance

MoF strengthens stock market management

Under Directive No. 02/CT-BTC issued recently by Minister of Finance Ho Duc Phoc, the State Securities Commission (SSC) will closely examine registration documents for listing / registering for securities trading, especially for companies that raise capital quickly and also newly-established enterprises. The SSC will also work with the country’s three exchanges to closely monitor stocks with large liquidity, making unusual movements, or having valuations that are not suitable with the production and business situation.
Banking & Finance

Credit growth adjusted for certain banks

Banks involved in handling poorly-performing credit institutions, reducing lending interest rates to support businesses and individuals, and controlling credit in potentially risky areas have all had their credit growth limits adjusted by the State Bank of Vietnam. According to the World Bank, Vietnam’s credit-to-GDP ratio is among the highest in the world; a warning to the country about the potential risk of macro instability.
HNX sees solid performance in August

HNX sees solid performance in August

The Hanoi Stock Exchange (HNX) has said that trade saw strong breakthroughs in August, especially in the first two weeks of the month. The HNX-Index reached its peak for the month on August 15, standing at 303.97 points, or 4.8 per cent higher than its July peak. The index closed on August 31 at 291.91 points, up 7.3 per cent compared to July.
8M CPI up 2.58%

8M CPI up 2.58%

Ms. Nguyen Thu Oanh, Director of the Department of Price Statistics at the General Statistics Office, said that despite pressure and difficulties in the global context, Vietnam’s CPI was under control in the first eight months of the year, at 2.58 per cent, which eases pressure on input costs. Underlying impacts, however, remain.
SBV increases selling price of USD

SBV increases selling price of USD

The State Bank of Vietnam (SBV) adjusted the selling price for USD from VND23,400 to VND23,700 on the afternoon of September 7. It also stopped listing the intervention buying rate. According to analysts, the decision to raise the selling price is mainly a defensive measure against upcoming US Fed interest rate hikes.
MoF strengthens stock market management

MoF strengthens stock market management

Under Directive No. 02/CT-BTC issued recently by Minister of Finance Ho Duc Phoc, the State Securities Commission (SSC) will closely examine registration documents for listing / registering for securities trading, especially for companies that raise capital quickly and also newly-established enterprises. The SSC will also work with the country’s three exchanges to closely monitor stocks with large liquidity, making unusual movements, or having valuations that are not suitable with the production and business situation.
Credit growth adjusted for certain banks

Credit growth adjusted for certain banks

Banks involved in handling poorly-performing credit institutions, reducing lending interest rates to support businesses and individuals, and controlling credit in potentially risky areas have all had their credit growth limits adjusted by the State Bank of Vietnam. According to the World Bank, Vietnam’s credit-to-GDP ratio is among the highest in the world; a warning to the country about the potential risk of macro instability.
HCMC's CPI down for first time in 2022 in August

HCMC's CPI down for first time in 2022 in August

The Ho Chi Minh City Statistics Office has released a report on the city’s socio-economic situation in August and the first eight months of 2022. August was the first month this year that the city’s CPI fell, by 0.31 per cent, though it rose compared to August last year and since last December. It fell mainly due to lower fuel prices.

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